How many Body20 studios were operating in Michigan at the start of 2024?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Studios at | Studios | Terminations | Non- | Reacquired | Ceased | Studios |
|---|---|---|---|---|---|---|---|---|
| Start of the Year | Opened | Renewals | by Franchisor | Operations – Other Reasons | at End of the Year | |||
| Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 1 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–74)
What This Means (2025 FDD)
According to Body20's 2025 Franchise Disclosure Document, there were 2 Body20 studios operating in Michigan at the start of 2024. The FDD provides a detailed breakdown of studio locations and openings by state. This information is crucial for prospective franchisees to understand the brand's existing market penetration and growth trajectory in specific geographic areas.
Specifically, the table in Item 20 lists the number of studios at the start of the year, studios opened, terminations, non-renewals, reacquired studios, ceased operations, and the number of studios at the end of the year for each state. For Michigan, the data shows the progression of Body20 studios over the years, indicating the brand's expansion in that state. This level of detail allows potential franchisees to assess the competitive landscape and the potential for further growth in Michigan.
By examining this table, prospective Body20 franchisees can gain insights into the brand's performance in different states, which can inform their decision-making process regarding location selection and market entry strategies. The information presented in Item 20 offers transparency and valuable data for evaluating the franchise opportunity.